Global Industries (GLBL)

[masterarms]

I'll be taking up a position here this week.

[Criz]

Thanks for the article and links. It was very well thought out and an eye opener.



Many thanks, Criz

[winner take all]

You are correct!

The best logical step for management is to buy back shares. They save interest payments due at 30% and reduce share count for future distribution.

Stock goes up and then they use as currency. this helps GLBL & SUNE and this strategy will raise future distributions.

[Tecumseh]

Am I the only one who thinks GLBL is currently the most neglected stock in the world right now? I do not understand why it is trading so low, especially when the dividend is safe.

-Even if the dividend was cut by 30%, at these levels, GLBL would still be yielding an absurd 20% (and that is IF the dividend is cut, currently there is no reason to think that it will be).

-GLBL announces its dividend on the 11th (presumably). Are people selling it off because they are nervous that the maniacal boogeyman that is SUNE is going to pull some scheme to steal GLBL's cash, kind of like how they strong armed TERP to get what they wanted? This is absurd. TERP is a completely different scenario, and there are currently no incentives in place for SUNE to liquidate or alter their position in GLBL, or slash its dividend (see for yourself in Q3 earnings report/call).

-Even in the event that SUNE goes bankrupt, GLBL is still absurdly undervalued. They have 1.1 billion in cash and a market cap of 400m...

-People saying that GLBL could fail to have enough CAFD to cover their dividend are also crazy... the CAFD is from fixed 20 year contracts from GOVERNMENTS AND CITIES, not couples who are can't pay off their credit cards. Not to mention the diversity of the GLBL assets... nearly 10 different countries and 40 completely different projects, not to mention the type of projects are even diversified between Wind/Solar/Hydro. The govts will pay down the contracts because the contracts are for their ELECTRICITY; it's not like GLBL is selling them ice cream cones.

- "GLBL is dealing with countries in emerging markets like Uruguay and India, that seems sketchy." - Guess what? Given what the new economic landscape is telling us, emerging markets are finally going to start crushing developed markets in terms of growth, but that is besides the point. The countries that have been slow to pay their renewable energy contracts? Spain and Germany. Not Brazil, not India, not Uruguay. Why? Because European nations can afford to flip the bird and be late, because they have other resources more readily available in the event of a credit squeeze. If the developing cities that GLBL does business with do not foot the bill, their lights get shut off. Yes, these countries are more likely to pay their foreign energy debts than even developed nations.

- Many of GLBL's projects have been purchased from 3rd parties other than SUNE: proof they can function as their own company without SUNE.

There many other details I am leaving out which require a lot of number crunching, but I am just trying to get at the big picture. If you would like to see the data, here is a link to their Q3 earnings report:

http://www.terraformglobal.com/phoenix.zhtml?c=254121&p=irol-irhome

Also, if you want to read their earnings call transcript, you can do so here:

http://seekingalpha.com/article/3676836-terraform-globals-glbl-ceo-carlos-domenech-q3-2015-results-earnings-call-transcript?page=1

^My favorite quote from the conference call: "We wanted to share an important point regarding our visibility to pay the $1.10 dividend to our Class A stockholders. As we have discussed previously, our current cap estimate run rate is $139 million. Given that we have 117 million Class A shares outstanding, this would require an aggregate distribution of approximately $128 million. This translates into 1.1 times coverage based on CAFD generated just from our current fleet."

Aka they already have enough cash flow from their current operating projects to pay the dividend.

-There are virtually no articles about GLBL and its unique situation and even the message boards are dead, with a post only every few days or so. I think people just go "GLBL? That's a SUNE yieldco, right? Heard that whole situation is a mess so I'm just going to stay away" without even looking at the facts. This has created a buying opportunity for people who actually slow down to do due diligence.

-Most people still think that the GLBL dividend yields the same as TERP because they are unaware of the fact that the true dividend is 27.5 cents/share rather than the 17 cents/share that is listed on Yahoo, Google Finance, Schwab, etc. This misinformation has contributed to a lack of adequate demand for GLBL shares resulting in its current pricing at irrationally low levels.

For these reasons, and many others, GLBL is without a doubt in a unique situation that probably won't last much longer. If you can get shares in the $3.20s (all time lows), then you can sit back as it doubles or even triples over the next month. My cost basis is in the $3.60s, and I am adding more today.

My Solar "bundle" in my portfolio is 30% SUNE, 70% GLBL, and 10% TERP (with TERP acting as a sort of hedge in the event of Tepper winning the lawsuit).

Best,

Tecumseh

[OTCdoc]

Investments in renewables In Emerging Energy Markets up 4% to $328.9bn
by Utilities ME Staff on Jan 17, 2016 ; Top deals included a $750 million secondary share issue by electric car maker Tesla Motors, and a $688m initial public offering by TerraForm Global, a US-based ‘yieldco’ owning renewable energy projects in emerging markets.



Venture capital and private equity investors pumped $5.6 billion into specialist clean energy firms in 2015, up 27 percent on the 2014 total. >>>> Four factors did not impact the renewable energy industry. These were declines in the cost of solar photovoltaics, meaning that more capacity could be installed for the same price; the strength of the US currency; the weakness of the European economy; and the plunge in fossil fuel commodity prices. >>>> SunEdison also announced the purchase of 757 megawatts of wind, solar and hydro assets in developing nations, as well as rights to buy other projects with 1,918 megawatts of capacity.
http://www.utilities-me.com/article-4028-investments-in-renewables-up-4-to-3289bn/ http://www.bloomberg.com/news/articles/2015-05-07/sunedison-buys-757-megawatts-of-wind-solar-and-hydro-projects



The new company TerraForm Global (GLBL) gives SunEdison “a separate vehicle with a very different risk profile” and a more “global breadth” than its already listed TerraForm Power Inc. yieldco, Jeffrey Osborne, an analyst at Cowen & Co. in New York, said .

[OTCdoc]

1/18/2016 TerraForm Global, Inc. (NASDAQ:GLBL) had been given positive outlook from Sell-side analysts. Based on the poll results published by the Zacks Research, the stock of the company has been assigned a 2.67 rating. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell. The one-year price target set the brokerage firms is $8.25 for shares of TerraForm Global, Inc. (GLBL). The high side price target estimate was found to be $15, whereas, the lowest price target was set at $3.25. http://www.istreetwire.com/analysts-ratings-review-terraform-global-inc/1424523/

[OTCdoc]

GLBLs' assets have 15+ year PPAs, and the panels will be producing energy for 25+ years. The long term return should be solid. The Yieldcos are not being diluted > Parent company (which I own but now have increased my holdings more in GLBL than SUNE as of Friday) > SUNE no doubt has eroded its investor confidence and for justified reason as the trade has a knack for plaguing itself with bad news after bad news....Thus,,,any substantial pops in pps will be muted as compared to before.

[OTCdoc]

Any further or current dilution from Parent company does not as directly affect GLBL or TERP...And contrary to any beliefe that if in the extreme case Parent company closed its doors - Yieldcos would continue ON and be better off...If SUNE where to, "short term," cancel VIVINT and/or announce some sort of change in management - all 3 entities would see their pps gap up considerably.

[OTCdoc]

There are some good things one can say about the yieldcos. Their revenues are not as subject to the vagaries of the commodity energy markets. For the most part, they are based on contracts with investment-grade counterparties that stretch out up to 20 years. And the shareholder and bondholder rebellions are forcing some of the parent companies’ managements to show a bit more fiduciary responsibility than they have in the past.

[OTCdoc]

its the Market today....and flipping here between 3.70 - 3.60... very good buy any where under $4.10

[winner take all]

I don't get it. Stock near cash value with 30% yield.

[OTCdoc]

kinda quiet here but NOT for LONG...

[stocktrademan]

$GLBL recent news/filings

bearish 5.10
broke down through resistance
longs that thought it was going to be a double bottom getting out

## source: finance.yahoo.com

Tue, 17 Nov 2015 23:20:00 GMT ~ After Hedge Funds Dump SunEdison, Will Anyone Save It?


read full: http://www.fool.com/investing/general/2015/11/17/after-hedge-funds-dump-sunedison-will-anyone-save.aspx?source=eogyholnk0000001&utm_source=yahoo&utm_medium=feed&utm_campaign=article
*********************************************************

Tue, 17 Nov 2015 18:30:06 GMT ~ SunEdison (SUNE) Shares Fall as Daniel Loeb Sells Stake


read full: http://finance.yahoo.com/news/sunedison-sune-shares-fall-daniel-183006611.html
*********************************************************

Mon, 16 Nov 2015 20:52:00 GMT ~ SUNE Swoon Continues; Loeb Sold His Shares in Q3


read full: http://blogs.barrons.com/incomeinvesting/2015/11/16/sune-swoon-continues-loeb-sold-his-shares-in-q3/?mod=yahoobarrons&ru=yahoo
*********************************************************

Sat, 14 Nov 2015 14:20:00 GMT ~ SunEdison's Results Show the Flaws of New Business Model


read full: http://www.fool.com/investing/general/2015/11/14/sunedisons-results-show-the-warts-of-new-business.aspx?source=eogyholnk0000001&utm_source=yahoo&utm_medium=feed&utm_campaign=article
*********************************************************

Fri, 13 Nov 2015 22:21:48 GMT ~ TERRAFORM GLOBAL, INC. Files SEC form 10-Q, Quarterly Report


read full: http://biz.yahoo.com/e/151113/glbl10-q.html
*********************************************************

$GLBL charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com



$GLBL company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/GLBL/company-info
Ticker: $GLBL
OTC Market Place: Not Available
CIK code: not found
Company name: TerraForm Global, Inc.
Incorporated In:

$GLBL share structure

## source: otcmarkets.com

Market Value: Not Available
Shares Outstanding: Not Available
Float: Not Available
Authorized Shares: Not Available
Par Value: Not Available

$GLBL extra dd links

Company name: TerraForm Global, Inc.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/GLBL/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/GLBL/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=GLBL+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=GLBL+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=GLBL+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/GLBL/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/GLBL/news - http://finance.yahoo.com/q/h?s=GLBL+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/GLBL/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/GLBL/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/GLBL/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/GLBL/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/GLBL/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/GLBL/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/GLBL/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/GLBL/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=GLBL+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/GLBL
DTCC (dtcc.com): http://search2.dtcc.com/?q=TerraForm+Global%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=TerraForm+Global%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=TerraForm+Global%2C+Inc.&x=0&y=0

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/GLBL/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/GLBL
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/GLBL/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/GLBL/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/GLBL/sec-filings
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/GLBL/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/GLBL/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/GLBL/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/GLBL/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=GLBL&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=GLBL
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/GLBL/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=GLBL+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=GLBL+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=GLBL
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=GLBL
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=GLBL+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/GLBL/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=GLBL+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/GLBL.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=GLBL
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/GLBL/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/GLBL/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/GLBL/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/GLBL/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/GLBL
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/GLBL
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/GLBL:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=GLBL
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=GLBL



$GLBL DD Notes ~ http://www.ddnotesmaker.com/GLBL

[JetLifer]

This one was definitely a good investment.

[mlkrborn]

Sorry. Global crossing vs LVLT; Wrong board!

[TradeWinds]

Looks like GLBL has been rising since Q3 earnings report in Nov. Just wondering if it will sell off regardless of Feb.23 earnings report results. I know this stock is capable of wild swings intraday without predictable reason. Any thoughts or anyone looking to trade on the upcoming Feb. 23 report? TYIA!!

[mlkrborn]

Earnings speculation: GLBL vs LVLT
"Earnings Preview for Level 3, Global Crossing
October 27th, 2009 by Rob Powell · 4 Comments

In the next two days, two next generation carriers that I cover frequently on Telecom Ramblings will report their earnings: Level 3 Communications (LVLT: chart, news) and Global Crossing (GLBC: chart, news). The recession and the wild currency fluctuations that came with it pretty much made financial modeling for these companies into an exercise in futility, but stability has been creeping in across the sector. Let’s take a quick look at where these two currently stand and what we might expect from them.

Level 3 Communications (LVLT: chart, news) has been reeling from revenue pressure all year, and in their second quarter earnings release they suggested that the pressure would abate in the second half but perhaps not go away. Likewise, the full year EBITDA forecast of $900-950M suggested little or no improvement from Q2 levels. However, in recent weeks we have seen some signs of life from the telecom equipment sector from the likes of Infinera and Juniper, and that may finally be the turning of the tide in carrier spending that Level 3 has been hoping to see. That probably will not be enough to give them sequential growth in the third quarter, but all eyes will be on projections for the fourth quarter. The company is as lean as it has been in a long while, now has its next generation back office mostly in place, and in an ideal world ought to be ready to take advantage of an improving economy in a really big way. The key revenue number is that of core network services, which dropped to $707M in Q2. I look for a number in the $700M range. EBITDA was $229M in Q2, and I look for something in the $225-230M range this quarter as well with cost savings mostly balancing revenue pressure this time. Cash flow guidance will probably remain ‘neutral for the full year’ and capex will remain low. The market doesn’t seem to be expecting all that much from Level 3 this quarter — probably less than I am, in fact.

Global Crossing (GLBC: chart, news) on the other hand saw a return to growth in the second quarter. Their customer base differs from Level 3, and while the economic crisis certainly took its toll Global Crossing has not seen the type of revenue pressure Level 3 has seen. Revenue and OIBDA guidance of $2.5-2.6B and $320-380M, respectively, still seem very reasonable and there is potential for them to do better than that on OIBDA if things go really well. So for Global Crossing, the questions are whether they can follow up on their sequential growth and follow through on their guidance of positive cash flow. While things are looking better for the company than they have since beginning their second life back in 2004, they have been getting some credit for it lately as the market’s expectations aren’t low. During the quarter the company’s stock price surged during the quarter all the way back into the mid-teens, although it has fallen back slightly in the last few days. I look for revenues in the $640-650M range, and EBITDA in the $90-100M range and a maintenance of guidance. That’s exclusive of currency fluctuations, about which I have no clue at all. There are no obvious roadblocks in Global Crossing’s way right now, and with their improved stock price and recent refinancing activity they may be well positioned for M&A this winter as a buyer."
ps. posted in LVLT board.

[swanlinbar]

Global Industries awarded 100 Million contract-http://ih.advfn.com/p.php?pid=nmona&cb=1232451001&article=35861146&symbol=N%5EGLBL

[frenchee]

thanks 47%

[inflationista]

you da man -

congrats on the +%%

[frenchee]

FWIW--sold just a few minutes ago. Looking toppy on the 10-minute chart.

[inflationista]

yeahhhhhhhhhhhh buddy -

you are authorized to WEEE upon successful sale of your shares, i'm pulling for you -

[frenchee]

Once we clear 3.09, then it should act as support. I'm look to take profits around 4 FWIW. Nice day today wouldn't ya say?

[inflationista]

atta boy - i've got my eyes peeled on this one -

[frenchee]

of course--stop set close if I'm wrong...

[inflationista]

did you make a move on it?

[frenchee]

Outstanding short-term rebound likely with today's sharp close down...

[frenchee]

Nice breakout today on huge volume...this should have some legs...

[frenchee]

Global cheap relative to its peers

P/E Ratio: 13.34

P/E Ratio vs. Industry: 78.39%

[frenchee]

big boys still selling...

Global Industries Ltd. PRINT HELP

Transactions Summary
# of Buys # of Sells Shares Bought Shares Sold Net Change in Shares
Last 3 months 0 22 0 2,958,101 -2,958,101
Last 6 months 0 29 0 4,090,755 -4,090,755
Last 12 months 0 33 0 6,293,725 -6,293,725
Source: First Call / Thomson Financial
Transactions by Date
Date Name
Title Action Shares Price Value
12/13/07 DORE WILLIAM JUDE SR B Sold 2,378 $23.17 $55,088
12/13/07 DORE WILLIAM JUDE SR B Sold 277,555 $23.04 $6,393,629
12/12/07 DORE WILLIAM JUDE SR B Sold 187,204 $23.01 $4,307,313
12/11/07 DORE WILLIAM JUDE SR B Sold 10,300 $23.0 $236,900
12/10/07 DORE WILLIAM JUDE SR B Sold 451,450 $22.85 $10,314,801
12/06/07 DORE WILLIAM JUDE SR B Sold 125,538 $22.55 $2,830,992
12/03/07 DORE WILLIAM JUDE SR B Sold 12,250 $22.21 $272,087
12/03/07 DORE WILLIAM JUDE SR B Sold 387,750 $22.12 $8,577,596
11/20/07 DORE WILLIAM JUDE SR B Sold 135,893 $23.26 $3,161,263
11/19/07 DORE WILLIAM JUDE SR B Sold 18,589 $23.25 $432,194
11/08/07 DORE WILLIAM JUDE SR B Sold 118,759 $25.44 $3,021,471
11/07/07 DORE WILLIAM JUDE SR B Sold 23,054 $26.16 $603,125
11/07/07 DORE WILLIAM JUDE SR B Sold 265,288 $25.78 $6,838,980
11/06/07 ROBICHEAUX RUSSELL J GC Sold 2,776 $26.23 $72,815
11/06/07 DORE WILLIAM JUDE SR B Sold 113,409 $26.55 $3,011,329
11/06/07 DORE WILLIAM JUDE SR B Sold 2,200 $26.78 $58,905
11/06/07 ROBICHEAUX RUSSELL J GC Sold 12,224 $26.34 $321,992
11/06/07 ATKINSON PETER STUART P Sold 62,748 $26.22 $1,645,075
11/05/07 DORE WILLIAM JUDE SR B Sold 195,544 $26.53 $5,188,183
10/09/07 DORE WILLIAM JUDE SR B Sold 69,944 $26.57 $1,858,098
10/09/07 DORE WILLIAM JUDE SR B Sold 310,056 $26.4 $8,184,038
10/08/07 DORE WILLIAM JUDE SR B Sold 173,192 $26.71 $4,626,112
10/01/07 DORE WILLIAM JUDE SR B Sold 55,700 $25.79 $1,436,572
8/29/07 DORE WILLIAM JUDE SR B Sold 279,400 $23.35 $6,525,094
8/22/07 DORE WILLIAM JUDE SR B Sold 387,511 $23.3 $9,030,529
8/17/07 DORE WILLIAM JUDE SR B Sold 121,457 $23.26 $2,824,740
8/15/07 DORE WILLIAM JUDE SR B Sold 94,398 $23.51 $2,219,642
8/13/07 DORE WILLIAM JUDE SR B Sold 11,365 $23.25 $264,236
8/08/07 DORE WILLIAM JUDE SR B Sold 182,823 $24.28 $4,438,337
5/14/07 DORE WILLIAM JUDE SR DO Sold 135,000 $23.0 $3,105,000
5/08/07 BAKER BYRON W O Sold 47,970 $21.86 $1,048,669
4/26/07 DORE WILLIAM JUDE SR DO Sold 2,000,000 $21.03 $42,063,563
3/21/07 BAKER BYRON W O Sold 20,000 $17.4 $348,000

[frenchee]

I don't think we've seen the short-term bottom in Global yet.

[frenchee]

Looks like Global is going to test the upper trend line drawn on the daily charts. Do you think it will hold?

[lowman]

Quite an awesome chart there, frenchee!

[frenchee]

GLBL's current short-term move appears to be only 1/2 over. I'm going to consider buying in on the correcting next week.

[frenchee]

Thanks lowman,

Reference the daily chart. Since Global is in strong trending mode a good strategy is to buy on its short-term dips. Tactically this could be done by buying when price is less then its 5-day EMA and greater then its 21-day SMA.

See ya,

frenchee

[frenchee]

Hi lowman,

Your ibox chart is broken. Make me your assitant and I'll fix ya up...

[frenchee]

07 has been very good and consistent to Global sharesholders. Only technical concerns are two negative divergence between price trend and trend of Force Index/Chaikin Oscillator.

[kumqwatt]

Blew out earnings

[rjsurff]

News...Multi yr contract...Chevron

http://biz.yahoo.com/prnews/070202/daf012.html?.v=87

[lowman]

Zacks.com Announces That Dr. Edward Olmstead Highlights Options for the Following Stock: Global Industries Ltd
Business Wire - November 09, 2005 06:00

CHICAGO, Nov 09, 2005 (BUSINESS WIRE) -- Dr. Edward Olmstead and his team, from the Options Professor newsletter, believe the market will attempt to challenge the 2005 highs. Discover an option trade for Global Industries Ltd (NASDAQ:GLBL). Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84

Highlights from the November 3 Featured Expert column by Dr. Edward Olmstead include:

PLAY OF THE MONTH

In every monthly issue, Dr. Olmstead and his team feature an intermediate to long-term play.

Global Industries Ltd (NASDAQ:GLBL): On Wednesday (11/2), GLBL closed at $13.57. Based upon fundamental and technical analysis, it is projected that GLBL will rise to $16.00 over the next 6 weeks.

Trade: Buy 1 Dec 10 call

If GLBL rises to $14.70 anytime before the December options expiration date (12/16/05), this trade should show a profit of at least $100 for a gain of 27% or better.

Read Dr. Edward Olmstead's commentary regarding the market's direction and receive more information on the above option play by clicking: http://at.zacks.com/?id=85

About Zacks Featured Experts

Successful investing requires professional advice from knowledgeable experts who can help investors achieve their financial goals in good markets and improve their portfolios, especially in bad ones. That is why Zacks Investment Research has assembled the best investment experts in the business to offer their powerful advisory newsletters on all the major investment topics: Stocks, Mutual Funds, Bonds, Options, Futures etc.

Additional recommendations from Zacks.com Featured Experts are highlighted in the free investment newsletter, Profit from the Pros. Each issue highlights several Featured Experts in this free e-mail newsletter. Register for a free subscription to "Profit from the Pros" at: http://at.zacks.com/?id=86

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Copyright Business Wire 2005 ********************************************************************** As of Saturday, 11-05-2005 23:59, the latest Comtex SmarTrend(SM) Alert, an automated pattern recognition system, indicated an UPTREND on 11-03-2005 for GLBL @ $13.85. (C) 2005 Comtex News Network, Inc. All rights reserved.